Sold
157 E Elmwood, Leonard, MI 48367
Sold on 09/23/2025 for$320,000
MLS # 20251019720 (Realcomp)
4 beds2 baths2,920 sqftBuilt 19017.89 acres
1 / 85
Listing Description
Welcome to your dream property at 157 Elmwood, nestled in the heart of picturesque Leonard, Michigan. This stunning 8-acre estate offers a rare combination of peaceful country living and modern convenience, providing the ideal setting for a quiet retreat, family homestead, or hobbyist’s paradise. At the center of the property sits a spacious 2,920 sqft home featuring thoughtfully designed living spaces, abundant natural light, and cozy yet functional rooms perfect for both everyday living and entertaining. Whether you’re enjoying a quiet morning coffee on the porch or hosting friends for a weekend gathering, this home delivers comfort, style, and versatility. For those with creative, professional, or recreational pursuits, the massive 5,000 sqft out building opens a world of possibilities. Ideal for a workshop, studio, vehicle or equipment storage, small business operations, or a dream hobby space—there’s no shortage of ways to put this impressive structure to use. The property also has a nicely sized private pond that you can use for the beautiful views or for water activities, yours to choose and to enjoy! Surrounded by mature trees, open fields, and the calming sounds of nature, the outdoor spaces invite you to relax, explore, and enjoy the beauty of rural Michigan living. Whether you envision gardening, raising animals, building trails, or simply soaking in the serenity, 157 Elmwood offers room to grow, space to breathe, and the freedom to live life your way.
Source: SparkMLS
About this home
4-bedroom, 2-bath, 2,920 sq ft home in Leonard Village in Leonard built in 1901.
This home sold for $320,000 (about $110/sq ft).
Property tax estimate: $4,639 per year ($387/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 1,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area2,920 sqft
Lot Size7.89 acres
Year Built1901
Stories2
Location
CityLeonard
MunicipalityAddison Twp
Zip Code48367
CountyOakland
School DistrictOxford Community Schools
Construction & Systems
ConstructionShingle Siding
BasementCrawl Space
Garage2 spaces
WaterWell
SewerSeptic Tank
Sale & Financing
Listed7/24/2025
Sold Date9/22/2025
Original Price$375,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,639
State Equalized Value$151,810
Taxable Value$115,960
Parcel #0511151014
Source: Public Records
Legal Description
T5N, R11E, SEC 11 BREWER'S ADD LOT 1 EXC S 195 FT, ALSO LOTS 2 & 3 EXC S 180 FT, ALSO LOT 4 EXC BEG AT SE COR OF LOT 5, TH N 01-30-00 E 87.00 FT, TH S 88-40-00 W 70.00 FT, TH N 01-30-00 E 93.00 FT, TH N 88-40-00 E 102.00 FT, TH S 01-30-00 W 93.00 FT, TH S 88-40-00 W 12.00 FT, TH S 01-30-00 W 87.00 FT, TH S 88-40-00 W 20.00 FT TO BEG, ALSO LOT 6 EXC W 12 FT BLK 1, ALSO PART OF S 1/2 OF NW 1/4 BEG A
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Kaitlyn Pangrazzi
@properties Christie's Int'l R.E. Birmingham
Frequently Asked Questions about 157 E Elmwood, Leonard, MI 48367
What school district is 157 E Elmwood, Leonard, MI 48367 in?
Per MLS# 20251019720, this property is served by Oxford Community Schools. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 157 E Elmwood, Leonard, MI 48367?
Per MLS# 20251019720, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251019720, the most recent reported annual property tax for 157 E Elmwood, Leonard, MI 48367 is $4,639. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 157 E Elmwood, Leonard, MI 48367 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 157 E Elmwood, Leonard, MI 48367 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 157 E Elmwood, Leonard, MI 48367?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 157 E Elmwood, Leonard, MI 48367. The maximum advertised download speed is 1.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Internet
Download
1 Gbps
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35 Mbps
CableLicensed Fixed WirelessGSO SatelliteDSLSatelliteUnlicensed Fixed Wireless
8 providers at this address
SpectrumCable
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280 MbpsAT&TDSL
100 MbpsT-MobileLicensed Fixed Wireless
100 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAir AdvantageUnlicensed Fixed Wireless
10 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
157 E Elmwood, Leonard, MI 48367
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Municipality
Leonard Village
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County
Oakland County
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